Gars Telecom plans “Maximum overdrive”

08.02.07

Gars Telecom Board of Directors accepted company development strategy up to 2010 year. Company will develop aggressively in its segments to occupy up to 20 per cent in the capital business centers telecommunication market and to begin working in cities with million population rising company capitalization.

“Aggressive increase of the office segment during nearest several years gives specialized telecom-company opportunities for business development, — tells P. Gorenkov, Gars Telecom CEO, — as long as Gars Telecom jointly with ComStar and Golden Telecom is in ‘The Big Three’ of commercial real estate telecom-companies, we have to use these opportunities maximum effectively that is reflected in the new strategy”.

Within the bounds of the new strategy known as “Maximum overdrive strategy” significant growth of investments and gain is planned for nearest three years that helps company to occupy not less than 20 per cent in the capital business centers telecommunication market and to increase company capitalization up to 60+ MUSD. Such a strategy will create a base for further effective company development, investors engaging as well in 2010-2011 years. The new investment policy that expects gain reinvestment for business extension will assist to realize this strategy. Investment total amount is supposed to be 10 MUSD during nearest years.

“Within several years Gars Telecom also plans to activate in the market of mergers connected the range of medium-sized corporate telecommunication market players. In addition, we are going to enter the regional markets. In the cities with million populations commercial real estate market begins to found. And well-timed market enter is very important, — supposes P. Gorenkov. — Furthermore, Gars Telecom is the only company that realizes in the development market special solution known as ‘Local Telecommunication Carrier’ that fits international BLEC standard.”

“Obviously, — continues P. Gorenkov, — that international standard telecom-solutions are the additional contest advantages for real estate units. Moreover, international standard telecom-system availability at presence days is one out of key conditions why tenants such as multinational companies choose telecom-provider. According to the Gars Telecom Analytical Department, premium office centers in particular begin to build in cities with million populations.”

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Gars Telecom profile: telecommunication management, integration projects realization and telecommunication services rendering. Company is oriented to cooperate with big-sized corporate clients and telecom-carriers. Along with tradition telecom-services company renders services in telecom-consulting, outsourcing of the communication services and telecom-infrastructure, and also telecom-budget management.

Company exclusively realizes in Russia specialized telecom-solutions for commercial real estate market that fit international BLEC standard (Building Local Exchange Carrier), and develop telecom-consulting practice in Russian development market.

Since 2003 Gars Telecom has become the only Russian Virtual Mobile Network Operator for corporate sector. The host provider is Megafon.